The Latest Breaking News from CVNA

Online used car seller Carvana Co. (CVNA) announced an improved outlook last month. However, analysts are concerned about its prospects. Should investors buy or sell the stock now? Let’s look at its financial metrics to gauge its prospects….

Carvana stock has surged 650% in 2023. But is CVNA still a good buy for the second half of 2023?

Though Carvana might seem tempting as a speculative trade, the underlying financial narrative presents a challenging case for CVNA stock.

Since last year, Carvana’s (CVNA) shares have declined from more than $100 to below $10. The used car seller has a very high short interest, as it reported disappointing financial performance in the fourth quarter and fiscal 2022. Given the macroeconomic uncertainties, high debt, and low cash on hand, it…

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

Manic melt-up in most shorted stocks like CVNA,W, and MSTR has finally found some semblance of sanity with a sell-off.

The Fed’s aggressive monetary policy to tame the persistent inflation has dragged major indexes significantly down over the past year. As the bear market is not over yet, fundamentally weak stocks Carnival Corporation (CCL), Carvana (CVNA), and Redfin (RDFN) might be best avoided. Read more.

Online used cars retailer Carvana (CVNA) is reportedly trying to restructure its debt load. Trading below $5, does the stock deserve a place in your portfolio now? Read on to find out….

Amidst broad-based recessionary fears, used car dealer Carvana (CVNA) posted weaker-than-expected third-quarter earnings. Given its weak fundamentals, it might be wise to avoid the stock now. Read more….

Amid high prices and aggressive rate hikes, consumer confidence has declined for November. Moreover, several banks expect volatile economic conditions for 2023. Also, a recession hitting the U.S. economy seems likely in the coming year. Therefore, investors might avoid fundamentally weak stocks Carvana (CVNA), Opendoor Technologies (OPEN), and Skillz (SKLZ).…

Following October’s favorable inflation data, the Fed is expected to slow down its rate hike aggression. While there’s a surge in investors’ optimism, uncertainty remains. Therefore, investors looking to strengthen their retirement portfolio could consider buying quality dividend-paying stock Kroger (KR). However, fundamentally weak Carvana (CVNA) might be avoided. Keep…